Shares of Watches of Switzerland Group plc (LON:WOSG – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 474.17 ($6.34).
A number of equities research analysts recently issued reports on WOSG shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 440 ($5.89) target price on shares of Watches of Switzerland Group in a research report on Tuesday, September 3rd. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 430 ($5.75) price objective on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Watches of Switzerland Group from GBX 420 ($5.62) to GBX 435 ($5.82) and gave the stock a “hold” rating in a report on Friday, June 28th. Shore Capital reiterated a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday. Finally, Royal Bank of Canada increased their price objective on shares of Watches of Switzerland Group from GBX 500 ($6.69) to GBX 520 ($6.96) and gave the stock an “outperform” rating in a research note on Tuesday, July 2nd.
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Watches of Switzerland Group Stock Performance
Watches of Switzerland Group Company Profile
Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States. It offers its products under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands. The company also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provides servicing, repairs, and product insurance services.
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